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American organization tycoon Warren Buffett thinks that cryptocurrency will concern a negative end. In October 2017, BlackRock Chief Executive Officer Laurence D. Fink called bitcoin an 'index of cash laundering'. " Bitcoin just reveals you how much demand for cash laundering there remains in the world," he claimed. Cryptocurrencies have actually been contrasted to Ponzi schemes, pyramid schemes as well as financial bubbles, such as real estate market bubbles. binance signals telegram has actually explained the argument based upon interviews with blockchain creators in an article regarding the "argument over whether Bitcoin, Ethereum, and also the blockchain are transforming the world".